Knight Frank has promoted partner Julian Evans to global head of healthcare.

Evans joined the business as UK head of healthcare in 2004. In his new role, he will lead a team of more than 90 fee-earners based mainly in the key hubs of London, New York, Dubai and Sydney, and with a presence in Singapore, Paris, Frankfurt and Madrid.

The team’s work spans asset, portfolio and company valuation, debt advisory and acquisitions and disposals across a range of asset types including care homes, hospitals, senior living and specialist education and rehabilitation facilities. The team is currently advising on assets totalling c.£100bn globally.

Julian Evans, global head of healtcare at Knight Frank, said: “We are seeing more global capital targeting healthcare assets as both institutions and private wealth look to reduce exposure to traditional real estate asset classes such as offices and retail and seek alternative sources of secure, long-term income. Most developed countries have an ageing population and an acute undersupply of care facilities. This is contributing to an increase in medical tourism and we are seeing the healthcare sector start to track the hotel sector in creating trusted global brands through consolidation and the use of franchise agreements.”

William Beardmore-Gray, senior partner and group chair at Knight Frank, commented: “Julian has been instrumental in building Knight Frank’s market-leading healthcare team, and his new role will enable further collaboration across our global network as we continue to expand and evolve how we work with our clients in this dynamic sector.”